Three construction workers were hurt last week when the fourth floor of a building under construction collapsed in northwestern San Antonio. Fire officials say the construction site is at the Shops at La Cantera shopping mall. District Fire Chief Randy …
President Bush has issued a major disaster declaration for parts of Kentucky hit by severe storms earlier this month. The White House said that the declaration covers nine counties. Some of the areas were struck by deadly tornadoes that killed …
San Diego, CA, 02/25/2008 – ARROWHEAD General Insurance Agency, Inc. announced today it has named Ken Fish as chief financial officer, succeeding Ronda Sedillo in that position. Sedillo has concurrently assumed the chief accounting officer position. Fish’s appointment as CFO …
Education of the masses emerged as an agreed-upon strategy regarding proposed mandatory installation of sprinkler systems in certain new residential structures in North Carolina. The North Carolina Building Code Council’s residential standing committee hosted an information-gathering forum on Feb. 12 …
A hurricane that hit Miami in 1926 would cause up to $157 billion in damage if it were to strike today, according to a recent study. U.S. storm costs are rising because of higher populations and wealth on the coasts, …
Florida’s largest private insurer, State Farm, has decided to cease writing new policies for homes. The move is not expected to affect most of the company’s 1 million current policyholders. But it will likely place greater pressure on the state-run …
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Bermuda-based Empyrean Re Ltd. with a stable outlook. “The ratings are based on the company’s excellent capitalization, experienced management team …
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘B’ (Fair) from ‘B-‘ (Fair) and assigned an issuer credit rating (ICR) of “bb+” to National Automotive Insurance Company of Metairie, La. The outlook for both ratings is stable. …
A New York court has found two former executives at insurance broker Marsh guilty of monopoly, but acquitted the two of all other charges stemming from a bid-rigging case brought by the state’s attorney general, according to a clerk for …
A federal appeals court Friday upheld a lower court ruling dismissing a civil lawsuit against major U.S. chemical companies brought by Vietnamese plaintiffs over the use of dioxin, or “agent orange,” during the Vietnam War. The decision was handed down …